Civic Intelligence

Students Motivated by the Arts Inc

990 • Fiscal year 2017 • EIN 46-5074948

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

25 E Boardman St First FloorYoungstown, OH 44503

(330) 574-2787

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

48th percentile

0.03x

Higher debt load relative to assets than 48% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

58th percentile

0.06x

Higher debt load relative to revenue than 58% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

90th percentile

46%

Higher net margin than 90% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

79th percentile

$74,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 18.1% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

86th percentile

37%

Faster asset growth than 86% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-42%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$795,364

Up $213,008 (+37%) from 2016

Net Assets

Up

$770,580

Up $189,318 (+33%) from 2016

Liabilities

Up

$24,784

Up $23,690 (+2165%) from 2016

Revenue

Down

$408,195

Down $299,062 (-42%) from 2016

Expenses

Up

$218,877

Up $57,664 (+36%) from 2016

Net Income

Down

$189,318

Down $356,726 (-65%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2016: $582,356Liabilities 2016: $1,094Net Assets 2016: $581,2622016Assets 2017: $795,364Liabilities 2017: $24,784Net Assets 2017: $770,5802017Assets 2018: $746,090Liabilities 2018: $280Net Assets 2018: $745,8102018Assets 2019: $675,423Liabilities 2019: $0Net Assets 2019: $675,4232019Assets 2020: $731,803Liabilities 2020: $189,724Net Assets 2020: $542,0792020Assets 2021: $632,914Liabilities 2021: $161,223Net Assets 2021: $471,6912021Assets 2022: $580,671Liabilities 2022: $12,842Net Assets 2022: $567,8292022Assets 2023: $496,428Liabilities 2023: $19,196Net Assets 2023: $477,2322023Assets 2024: $464,216Liabilities 2024: $15,966Net Assets 2024: $448,2502024

Highlighted filing

2017

Assets$795,364
Liabilities$24,784
Net Assets$770,580

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2016: $707,257Expenses 2016: $161,213Net Income 2016: $546,0442016Revenue 2017: $408,195Expenses 2017: $218,877Net Income 2017: $189,3182017Revenue 2018: $353,214Expenses 2018: $377,984Net Income 2018: -$24,7702018Revenue 2019: $449,748Expenses 2019: $520,135Net Income 2019: -$70,3872019Revenue 2020: $380,307Expenses 2020: $513,431Net Income 2020: -$133,1242020Revenue 2021: $465,781Expenses 2021: $539,968Net Income 2021: -$74,1872021Revenue 2022: $820,534Expenses 2022: $717,682Net Income 2022: $102,8522022Revenue 2023: $792,526Expenses 2023: $884,103Net Income 2023: -$91,5772023Revenue 2024: $812,832Expenses 2024: $845,418Net Income 2024: -$32,5862024

Highlighted filing

2017

Revenue$408,195
Expenses$218,877
Net Income$189,318
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.1
Gross Receipts
$408,195
Mission and Program Overview

Mission

Smarts community art school provides access and early training in the arts for our region's k-12 youth with a focus on underserved populations. Smarts engages public and private organizations, schools, and artists in cooperative projects designed to enrich our community, promote student achievement, inspire self-discovery, and impact cultural and academic literacy through fine and performing arts.

Smarts is a nationally award-winning, community-based art school, providing curriculum-focused programming in schools and out of schools for visual arts, music, dance, theater, and creative writing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$316,621$307,458▼ $9,163
Land, Buildings, and Equipment, Net$13,375$260,616▲ $247,241
Pledges and Grants Receivable$175,643$176,833▲ $1,190
Cash and Non-Interest-Bearing Accounts$75,736$10,999▼ $64,737
Accounts Receivable$105$8,542▲ $8,437
Total Assets$582,356$795,364▲ $213,008
Other Assets Total$876$30,916▲ $30,040
Liabilities
Accounts Payable and Accrued Expenses$1,094$24,784▲ $23,690
Total Liabilities$1,094$24,784▲ $23,690
Net Assets / Fund Balance
Unrestricted Net Assets$569,545$767,279▲ $197,734
Temporarily Rstr Net Assets$11,717$3,301▼ $8,416
Total Net Assets Fund Balance$581,262$770,580▲ $189,318
Total Liabilities and Net Assets / Fund Balance$582,356$795,364▲ $213,008

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$253,366$1,995$255,361
Equipment$7,250$950$8,200
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rebecca L KeckExecutive DiFT$74,000$74,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$325,213
Program Service Revenue
$82,073
Investment Income
$80
Other Revenue
$829
All Other Contributions
$325,213
Change in Net Assets
$189,318
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$161,592
Other Expenses$57,285
Total Fundraising Expense$25,564
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$37,000$18,500$18,500$74,000
Other Salaries and Wages$64,802$1,337-$66,139
Occupancy-$15,705-$15,705
Payroll Taxes$10,235$3,040$2,096$15,371
All Other Expenses$717$5,467$2,144$8,328
Other Employee Benefits$3,102$1,764$1,216$6,082
Information Technology-$4,496-$4,496
Travel$406$2,595-$3,001
Depreciation Depletion$2,945--$2,945
Other Expenses$415$2,451$600$2,451
Fees for Services Accounting$240$1,916-$2,156
Advertising$1,376-$682$2,058
Insurance-$1,744-$1,744
Office Expenses$120$1,189$102$1,411
Fees for Services Other--$224$224
Total Functional Expenses$128,114$65,199$25,564$218,877
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

990 will be reviewed by the finance committee.

Form 990, Page 6, Part VI, Line 12C

Policy is reviewed every year by the board of directors

Form 990, Page 6, Part VI, Line 15A

For the executive director, compensation is set by the board based on market data and merit; the executive director is the only key employee/manager of the organization. Compensation for non-management employees, such as teachers and staff, is set by the executive director. An employment contract is used for each teacher and the general employment contract has been reviewed and approved by the board and its legal counsel.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Students Motivated by the Arts
EIN
46-5074948
Phone
3305742787
Address
25 E BOARDMAN ST FIRST FLOOR, YOUNGSTOWN, OH 44503

Signing Officer

Name
Nicole Ramson
Title
Treasurer
Phone
3303133031
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca L Keck
Formed
2014
Voting Board Members
12
Independent Board Members
12
Employees
12
Volunteers
20

Preparer

Firm
Bodine Perry LLC
Address
3711 STARRS CENTRE DR STE 2, CANFIELD, OH 44406-8004
Preparer
Matthew F Bodine CPA
Phone
3307028100
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Smarts community art school provides access and early training in the arts for our region's k-12 youth with a focus on underserved populations. Smarts engages public and private organizations, schools, and artists in cooperative projects designed to enrich our community, promote student achievement, inspire self-discovery, and impact cultural and academic literacy through fine and performing arts.

Form 990, Page 2, Part III, Line 4D

All other program expense.

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IRS990/ProgramServiceRevenueGrp/Desc0COMMUNITY PARTNERSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt082073
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt082073
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY PARTNERSHIPS MUSIC AND ART TEACHERS - SMARTS RECRUITS AND TRAINS GRADE SCHOOL TEACHERS IN MUSIC AND ART DISCIPLINES. THESE TEACHERS ARE PLACED AT LOCAL SCHOOLS WHO OTHERWISE WOULD NOT BE ABLE TO ATTRACT AND RETAIN, OR, PERHAPS EVEN AFFORD, TEACHERS IN THESE DISCIPLINES. THE LOCAL SCHOOLS PAY SMARTS A DAILY OR HOURLY RATE FOR THE TIME THE TEACHER WORKS IN THE SCHOOL; THESE ARE EXCHANGE TRANSACTIONS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0102288
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt082073
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ALL OTHER PROGRAM EXPENSE.
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IRS990/PYContributionsGrantsAmt0694895
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt048067
IRS990/PYOtherRevenueAmt012362
IRS990/PYRevenuesLessExpensesAmt0546044
IRS990/PYSalariesCompEmpBnftPaidAmt0109946
IRS990/PYTotalExpensesAmt0161213
IRS990/PYTotalProfFndrsngExpnsAmt03200
IRS990/PYTotalRevenueAmt0707257
IRS990/ReconcilationRevenueExpnssAmt0189318
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt027440
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0316621
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0307458
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0325213
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0694895
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01020108
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt082982
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt025247
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0108229
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01128337
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0408195
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0720142
IRS990ScheduleA/Total509Grp/TotalAmt01128337
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0408195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0720142
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01128337
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt07250
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0950
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08200
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01995
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0255361
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0260616
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SMARTS COMMUNITY ART SCHOOL PROVIDES ACCESS AND EARLY TRAINING IN THE ARTS FOR OUR REGION'S K-12 YOUTH WITH A FOCUS ON UNDERSERVED POPULATIONS. SMARTS ENGAGES PUBLIC AND PRIVATE ORGANIZATIONS, SCHOOLS, AND ARTISTS IN COOPERATIVE PROJECTS DESIGNED TO ENRICH OUR COMMUNITY, PROMOTE STUDENT ACHIEVEMENT, INSPIRE SELF-DISCOVERY, AND IMPACT CULTURAL AND ACADEMIC LITERACY THROUGH FINE AND PERFORMING ARTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL OTHER PROGRAM EXPENSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2990 WILL BE REVIEWED BY THE FINANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3POLICY IS REVIEWED EVERY YEAR BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOR THE EXECUTIVE DIRECTOR, COMPENSATION IS SET BY THE BOARD BASED ON MARKET DATA AND MERIT; THE EXECUTIVE DIRECTOR IS THE ONLY KEY EMPLOYEE/MANAGER OF THE ORGANIZATION. COMPENSATION FOR NON-MANAGEMENT EMPLOYEES, SUCH AS TEACHERS AND STAFF, IS SET BY THE EXECUTIVE DIRECTOR. AN EMPLOYMENT CONTRACT IS USED FOR EACH TEACHER AND THE GENERAL EMPLOYMENT CONTRACT HAS BEEN REVIEWED AND APPROVED BY THE BOARD AND ITS LEGAL COUNSEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt03301
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt0582356
IRS990/TotalAssetsGrp/EOYAmt0795364
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0325213
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt025564
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt065199
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0128114
IRS990/TotalFunctionalExpensesGrp/TotalAmt0218877
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01094
IRS990/TotalLiabilitiesEOYAmt024784
IRS990/TotalLiabilitiesGrp/BOYAmt01094
IRS990/TotalLiabilitiesGrp/EOYAmt024784
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0581262
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0770580
IRS990/TotalProgramServiceExpensesAmt0128114
IRS990/TotalProgramServiceRevenueAmt082073
IRS990/TotalReportableCompFromOrgAmt074000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt082982
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0408195
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0582356
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0795364
IRS990/TravelGrp/ManagementAndGeneralAmt02595
IRS990/TravelGrp/ProgramServicesAmt0406
IRS990/TravelGrp/TotalAmt03001
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0569545
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0767279
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt025 E BOARDMAN ST FIRST FLOOR
IRS990/USAddress/CityNm0YOUNGSTOWN
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044503
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0SMARTSARTSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NICOLE RAMSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03303133031
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STUDENTS MOTIVATED BY THE ARTS
ReturnHeader/Filer/BusinessNameControlTxt0STUD
ReturnHeader/Filer/EIN0465074948
ReturnHeader/Filer/PhoneNum03305742787

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